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Income Tax Planning

Income Tax Planning

SELF-PACED ONLINE COURSE: ABA ELEARNING

Price: $175 members; $225 non-members

Member Online Enrollment | Non-Member Online Enrollment
This course is also available at discounted prices under an annual license. Call or email for details.
Created: July 2014
Income Tax Planning explains the steps in computing taxable income and the exceptions and rules for calculating each component of the computation. This course describes how certain expenses are used as deductions when arriving at taxable income, and how to compute the alternative minimum tax. It examines the tax considerations associated with capital gains and losses. This course also defines gross income and provides examples of exclusions from gross income. This course describes the benefits of gifting alternatives available to clients to shift income. It provides a definition of passive activity and how passive activity tax situations are treated. This course also explains the advantages of tax credits. This course explains how estimated tax is calculated and treated and the considerations regarding a decedent’s final tax return.
Objectives:
  • Explain the components associated with computing income tax
  • Define gross income
  • Describe gifting techniques used to avoid or minimize income tax
  • Identify the tax-saving planning options available for your clients 
Audience: Trust officers with at least three years of personal trust experience who need a deeper understanding of technical trust concepts and how solutions work when applied to client needs.
 
The Nebraska Bankers Association is a Local ABA Training Provider.
For More Information Contact:

Joanne Smith
Education and Member Information Coordinator

Nebraska Bankers Association / 233 South 13th Street, Suite 700 / PO Box 80008 / Lincoln, NE 68501-0008